Month: February 2021

We are pleased to announce our next AMA on February 19th, 2021 at 02:00 PM UTC Time: Satoshi Club x ShuttleOne

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ShuttleOne Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. ShuttleOne Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about ShuttleOne

For more details:
ShuttleOne – @shuttleone
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on February 17th 2021 at 02:00 PM UTC Time: Satoshi Club x Kalamint

⚠️Click to see the hour
⚠️Total Reward pool: $2000

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Kalamint Telegram group

We will have the following structure:

Part 1: 150$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 150$/15 users – Open chat for 120 seconds. You can post Max 3 questions. Kalamint Team will select 15 questions and answer them.

Part 3: 1700$ – A quiz about Kalamint

For more details:
Kalamint – @kalamint
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from TimeCoin Protocol and our guest was Masato Kakamu , Founder of TimeCoin Protocol . The AMA took place on 06 February.

The AMA session was divided into 3 parts with a total crypto reward pool of 3000$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club:
Hello again Satoshi Club! We are happy to announce our AMA session with TimeCoin Protocol! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club:
Good evening, dear community!
We conclude our today’s exciting AMA marathon series with TimeCoinProtocol.

Today our guest is @MasatoKakamu!

Masato Kakamu:
Hello, this is Masato Kakamu.

Gold Rocket | Satoshi Club:
Welcome to Satoshi Club, @MasatoKakamu😊

Mary | Satoshi Club:
Welcome here, Masato!

Gold Rocket | Satoshi Club:
Thanks for joining😊

Mary | Satoshi Club:
Happy to see you here!

Masato Kakamu:
Many thanks.

Mary | Satoshi Club:
Let’s start our AMA!

🚀

Could you please introduce yourself and tell us more about TimeCoin Protocol?

Masato Kakamu:
Ok.

My name is Masato Kakamu. I started a company called Globalway about 17 years ago.
Globalway runs B2C and B2B business and listed on Tokyo Stock Exchange.
We started TimeTicket business 2016. We started our blockchain project called TimeCoinProtocol from 2018. TimeCoinProtocol is the decentralized sharing economy platform on Ethereum blockchain which 3rd party dApp developers can easily develop and operate sharing economy services. User data can be shared among dApps on the platform under user permissions. We plan to launc NFT and DeFi functionalities on TimeCoinProtocol as well.
https://timecoinprotocol.com/

We have 2 dApps, TimeTicket and eSportStars.
TimeTicket already has 400,000 users. The revenue has grown 30 times over 3 years.
https://www.timeticket.jp
We released the first version of eSportStars on Oct. We have already acquired 10,000 users.
https://esportstars.jp/?select_lang=en
eSportStars includes Japanese, English, Chinese, and Portuguese.
We are under test marketing to host many tournaments to acquire users on eSportStars in Japan. Also, we started tournaments in India. And, we will also start South America tournament. We also start contracting with esports related Youtuber and plan to create esports VTubers.

Please check the following Youtube Channel. It is in Japanese.
https://www.youtube.com/channel/UCmmKpuXpOSaRGrqx9G2lX0w

Mary | Satoshi Club:
You’re really experienced!

Masato Kakamu:
Thank you. I have more than 20 years of experience running several companies.

Mary | Satoshi Club:
Do you have a lot of crypto lovers in Japan?

Gold Rocket | Satoshi Club:
Great background 👍

Masato Kakamu:
Yes, Japanese crypto investors are very interested in and excited about our project.

Gold Rocket | Satoshi Club:
Let’s hope that after this AMA you will get even more supporters. 😊👍🚀

Mary | Satoshi Club:
I see, this industry developing fast and everyone wants his piece of pie 😀

Sure!

Masato Kakamu:
We have acquired more than 100,000 users on Youtube channel. https://www.youtube.com/channel/UCDl5qfjqZR5MLN1pogAgBog

Gold Rocket | Satoshi Club:
Awesome 👍

Mary | Satoshi Club:
Wow! Impressive!

Masato Kakamu:
It is just test-marketing stage. We are confident that we can get a lot more.

Mary | Satoshi Club:
And today you have 45k audience 😉 and they asked you a lot of questions!

Masato Kakamu:
It is just test-marketing in Japan.

Mary | Satoshi Club:
When global?😀

Masato Kakamu:
Any time soon after the token sale.

We already built the following

Can I explain about our dApp, eSportStars?

Mary | Satoshi Club:
Of course!

You have to😀

We want to know everything about TimeCoin Protocol!

Gold Rocket | Satoshi Club:
By the way we have a question from the community on this topic

Mary | Satoshi Club:
Yes😉

We can give you a first question from our community and there you will be able to explain 😀

Masato Kakamu:
Esports industry is lead by esports gaming companies. Gaming companies create rules and govern the way players make money from their games. We want to create esports service which game players and fans can make benefits the most. We believe the service also help gaming industry to grow. Professional players can not make ends meet by relying on winning prizes from gaming tournament. We want to create a place where professional players and fans can easily earn money which also help them to make better engagement with their fans. To extend the eSportStars service, we want to offer esports gambling as well. We offer eSports mining for eSportStars participants to earn TimeCoin. More TimeCoin participant owns, better service they can get. It is like DeFi.

Anybody can host and participate tournament and winners can receive TimeCoin.
Users can trade their esports related goods and service using TimeCoin.
Streamers can colorcast video streaming on tournament and game match to earn TimeCoin.
Users can bet on esports game match and earn TimeCoin.

The current status of eSportStars is

We released the first version of eSportStars which users can participate tournament with winning prize. eSportStars currently have Fortnite, PUBG, FreeFire, APEX, and Knives Out. We have about 10,000 users. It is available in Chinese, Japanese, English, and Portuguese.

We will add the following functionalities any time.
We will include over 100 games from all over the world in eSportStars.
We will let anybody to host esports tournaments and esports match in eSportStars.
We will include many languages in eSportStars. (Currently, we have English, Chinese, Japanese, and Portuguese).

Market expansion plan of eSportStars.
Promote many tournaments partnering with esports professional teams.
Host many tournaments with high prizes.
Engage agent and management contract with esports professional players and streamers to broadcast eSportStars related videos on Youtube and Twitch. We will eventually replace Youtube and Twitch to build our own video streaming platform to broadcast esports related contents.
We will expand our operation internationally, but we will put special focus on Asian market such as China, India, Japan, Vietnam, Indonesia, and so on. Then, Russia, Brazil, US, Europe are important market too.

Gold Rocket | Satoshi Club:
This is a very promising direction!👍

Mary | Satoshi Club:
Wow!

This direction is really on fire 🔥 now.

Gold Rocket | Satoshi Club:
Thank you very much for the great intro! Ready to proceed to the questions?😊

Masato Kakamu:
Yes, please.

Gold Rocket | Satoshi Club:
Q1 from Telegram user @ovkneze_big
TimeCoin Protocol position yourself as a dApp platform. Please tell us what DApps you have already implemented and what else are you planning to implement. Also, tell us how recent ETH gas cost influenced on its implementation and development?

Masato Kakamu:
Besides eSportStars, we plan to build TimeTicket as dApp for international market.

We already have TimeTicket which is Japanese version. TimeTicket already has 400,000 users. The revenue has grown 30 times over 3 years. We hit record high revenue in August and continue to grow the business. We expect TimeTicket business to be black in next year and continue to grow the business to acquire 10,000,000 users in the future.

We plan to use off-chain technology to avoid ETH gas cost problem.

Gold Rocket | Satoshi Club:
These are very ambitious goals! 🚀

Masato Kakamu:
We need to seriously enhance eSportStars, dApp right now.

Mary | Satoshi Club:
So, it’s your main goal now? As i see that you prefer to develop one thing perfect and then go to another 😀

Step by step.

Masato Kakamu:
TimeTicket already got $4 Million USD equity funding and our blockchain arm, Swiss subsidiary, TimeTicket GmbH runs TimeCoinProtocol.

Mary | Satoshi Club:
Very nice! So, you’re focused on two dApps?

Masato Kakamu:
Our goal is to build the decentralized sharing economy platform, but without strong dApp and user base, it is not attractive. We need to attract over 1 million users at least and start offering dApp developers opportunities to run dApp on our protocol.

The first priority is to make eSportStars successful. And, decentralized version TimeTicket.

Mary | Satoshi Club:
Got it! I think there’s nothing impossible for you!

Ready to proceed?😀

Masato Kakamu:
Yes.

Gold Rocket | Satoshi Club:
Decentralized platform with sharing economy. This is a very interesting direction.

Q2 from Telegram user @konditer_rolex
Help figure out your tokenomics. At the end of 2020, you held an IEO. How many tokens were sold then? You are now conducting two more special sales and intend to sell 10 million tokens. Total supply of 100 million. How many tokens in the hands of the team? And why the price the sale that you are making is much lower than the market? Now the price of a token on the exchange is 60k satoshi. And you are offering a price of 4k satoshi !!! Why are these discounts?

Masato Kakamu:
Since our company won $4 Million USD equity funding and our revenue and market value is constantly increasing, we did not need to sell our token in private sales at all. We used our equity funding side money to build eSportStars and TimeCoinProtocol. Then, we launched IEO on BitForex on Nov 11th, 2020. We did not sell much token in IEO either.

Mary | Satoshi Club:
What about team tokens?

Masato Kakamu:
Not much TimeCoin is traded on BitForex right now. It was just test marketing for us to see how much traction we can create on our token. I think it was successful because TimeCoin market cap is over $1 Billion USDT.

Mary | Satoshi Club:
Huge market cap! And you just started!

But if guys which will buy cheap decide to sell their tokens immediately after sale? Don’t you think you can have dump?

Gold Rocket | Satoshi Club:
I’m impressed to be honest😊

Masato Kakamu:
Then, we decided to sell our token in OTC(outside of crypto exchange). The purpose of token sale is to raise money to seriously develop and run eSportStars, TimeTicket, and TimeCoinProtocol. If we have enough funding, we can make the protocol and dApp successful. The trading volume on crypto exchange is low, so we decided to give huge discount on TimeCoin to new investors. This is the great opportunity.

Here is more information. https://timecoinprotocol.com/sale

Masato Kakamu:
Good Point, let me explain.

Since there are not much TimeCoin are traded on BitForex, we can easily buy back our token. We actually bought back most of TimeCoin in BitForex. We can sustain the price of TimeCoin. Our new token sales starting Feb 15th. The new investors who can get our token with huge discount, but the investors need to hold token at least 90 days after all the OTC token sales are done. We actually careful to distribute TimeCoin to investors after the 90 days of token sale, so nobody can sell TimeCoin before the lockup period is over.

@madamlobster Does it make sense?

Mary | Satoshi Club:
Yes, it makes😀 btw, didn’t you think to list on more exchanges?

Masato Kakamu:
TimeCoin will be listed on several crypto exchanges after the 90 days. Yes. Yes.

We need to increase liquidity of token.

Gold Rocket | Satoshi Club:
Can you share what these exchanges are?

Mary | Satoshi Club:
Or give us a hint😉

Masato Kakamu:
Actually, we are planning to be listed on some exchanges after the token sales before the lockup period is over. In this way, when investors who bought token during token sale can sell token in some exchanges and also bring new investors trading on these exchanges as well.

Mary | Satoshi Club:
Yes! Also, trading competitions helps wide distribution 😉 but I think exchanges know better.

Masato Kakamu:
The exchanges are top exchanges. But, I think it is important to be listed on several exchanges.

Mary | Satoshi Club:
Yes, it’s really a key!

Hope to see your announcements about listings soon!

Masato Kakamu:
Yes, it is not difficult to do. We will announce the news soon.

Mary | Satoshi Club:
Thank you for your answers!

Ready to jump to the next question?

Masato Kakamu:
Yes.

Gold Rocket | Satoshi Club:
Q3 from Telegram user @Unknown_Mark
Hii
I saw on your website that “A portion of TimeCoin tokens earned and transaction fees are redistributed to users of the platform” can you please calrify this to me and what is the amount or the percentage that I will get back from the fees ? Can you explain this point please.. Thanks

Masato Kakamu:
We are trying to distribute token in contribution base. Especially, people who purchase services and goods on dApp. They can earn TimeCoin. Also, people who sell and promote services can get token as well. The ratio will be announced soon, but it should not be crazy like over 20%…. It is just hurting token economics.

Mary | Satoshi Club:
Yes, i remember i heard 30% once🤣

Not from you of course.

This earning function wasn’t emplemented yet? In your first two dApps?

Masato Kakamu:
Not implemented yet. We need to build more functionalities. We should not rely on token economy side too much. If we build great services, people use them without giving them token. The main idea is to build eco system.

Mary | Satoshi Club:
Gotcha 👍

Thank! Ready to proceed?🚀

Masato Kakamu:
Yes.

Gold Rocket | Satoshi Club:
Q4 from Telegram user @meml97
I saw that TimeCoin Protocol will have something called TimeTicket, how will this feature work? Will it be available for anyone or do we have to pay something (maybe like a vip member pass) ir order to be able to use it? When will it be available and how will you make this service possible without compromising the safety of any of your users?

Masato Kakamu:
TimeTicket is a type of sharing economy service. Gig economy, skill sharing service. To use TimeTicket is free. If a buyer want to purchase a service of seller, a buyer needs to pay for fee. TimeTicket charges commissions out of fee. More than 1,000 transactions each month. We have sellers who make more than 30,000 USD per months. Our revenue jumped to 300,000 USD per month and significantly increasing.

Does it make sense? Please add more questions if my answer is not enough.

Mary | Satoshi Club:
Yes! It has sense, it’s marketplace dApp, right?

Masato Kakamu:
Yes, dApp.

Mary | Satoshi Club:
Do you have competitors in Japan?😀

Masato Kakamu:
I think this video is helpful to watch to understand. We created the video about 4 month ago. https://www.youtube.com/watch?v=_0MVP2hXLRU&t=10s

Yes, we have some competitors. But, we are in good position. We can win.

Mary | Satoshi Club:
It’s good stimulus to develop!🚀

Nice video! Thanks for sharing!

Ready to the next question?

Masato Kakamu:
Yes.

Gold Rocket | Satoshi Club:
Q5 from Telegram user @Idee01
Since TMCN token is the platform native token that will be used to pay users for hosting and participating in tournaments, will it also function like a Fan token or you plan to launch a Fan Token Offering later? What kind of eSports tournament are you focused on?

Masato Kakamu:
Yes, we are going to build the functionality of fan token. It works like tips.

Mary | Satoshi Club:
Tell us more about this😀

Masato Kakamu:
For example, if you are a fan of esport player or VTuber, you can give TimeCoin to them(Staking on the esport player or VTuber). During the staking period, you and esport player and VTuber can earn more TimeCoin.

For example, Youtube Superchat is just giving esport player and VTuber some tips. Our system works differently. Both creator and fan can get benefit.

Make sense?

Mary | Satoshi Club:
Yes, sure!

Gold Rocket | Satoshi Club:
Of course👍

Mary | Satoshi Club:
You have promising plans!

Masato Kakamu:
I can share our pitch deck to understand more detail. Please download the PDF file from our Box. https://globalway.app.box.com/file/772630316806?s=uq7fqj6wecqs2xnttf1hhpr1ojsq84q7

Mary | Satoshi Club:
We will definitely take a look at this!

And just one 6th question left before second live part will start😀

Ready to move to 6th question?😉

Masato Kakamu:
Yes.

Gold Rocket | Satoshi Club:
Q6 from Telegram user @stevefix56
A protocol that acts as an intermediary system which facilitates interactions between dApps, IPES and the Ethereum blockchain. What algorithm does TCP utilize to achieve this? What are the possible flaws to be encountered during interaction? How substainable will TCP be to ensure interactions over future changes.

Masato Kakamu:
I think we should not fully build these functionalities from the beginning. We are not intended to build blockchain geeks showcase. Our dApp and TimeCoinProtocol need to help people who use them. If we fully implement them and try to push ourselves to adapt ETh blockchain and IPFS as much as possible, it might be difficult to succeed. We are going to gradually adapt these technology.

Is this OK?

I can not share the algorithm.

Mary | Satoshi Club:
You can share if it’s possible, i know that we have tech people here who would like to dive deeper 😀

Masato Kakamu:
Sorry, I think I might not fully answer your question.

I will ask my CTO to share on our web later

Let’s move on to the next question

Mary | Satoshi Club:
We will have live part now!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @   Artillery Trade

If I want to buy $TMCN token for investment where can I buy and where can I stake it?

Masato Kakamu:
Our token sale starts from Feb 15th. You can purchase TimeCoin from our homepage. The sale is hosted by our partner called Everest Capital. Please check the following site. The token sale information will be coming up soon. https://timecoinprotocol.com/sale

Q2 from Telegram user @  Johnny ℹ️🅿️

Hello Masato

Your esport dApp innovation is really fantastic🥰🥰 and you have said you planned to eventually replace Youtube and Twitch to build your own video streaming platform to broadcast esports related contents.
That will require you to reach out to larger global audience. Considering the fact that there are numerous strong and viable eSport communities which are not blockchain oriented, are there provisions for these communities to be integrated with your Protocol?

@MasatoKakamu

Masato Kakamu:
I think esports market will grow rapidly and there is no esport platform dominant player in centralized system yet. We plan to build esport platform which players(esport teams), fans, streamers, and advertisers can get benefit. Youtube takes too much fee from creators. Creators are not happy to use Youtube, but they got no choice right now. We need to solve the problem.

Q3 from Telegram user @  sponge bob69

DeFi is one of the hottest and most sought-after topics in the blockchain space right now. Can $TMCN share your opinion on DeFi with us? Do you think DeFi will disrupt the current financial system? What is $TMCN approach to the DeFi sector?

Masato Kakamu:
We are going to implement DeFi and NFT on our dApp and TimeCoinProtocol. Our approach is to enhance user communities. Participants can earn credits by holding and using our token. NFT can be used for exchanging game items and goods.

Q4 from Telegram user @  Moe

Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one? @MasatoKakamu

Masato Kakamu:
We need a lot of help to make our project successful. We need to promote our project and token sale. We have PoC program. https://timecoinprotocol.com/poc

Q5 from Telegram user @  o0s$a4l

I have followed esports for many years since Counter Strike 1.6, I live in South America and I saw that esportstarts be in this region, what games are available for my region and how can I participate in them, is CSGO also available?
@MasatoKakamu

Masato Kakamu:
Yes, CSGO will be ready soon. We are going to prepare more than 1,000 game title soon.

Q6 from Telegram user @  Centos Manager

Is it possible to create our own dApps using your platform and your ecosystem?

Masato Kakamu:
Yes, we will plan to open for 3rd parties.

Q7 from Telegram user @  r s

@MasatoKakamu Is there any maximum limit to purchase the TMCN token?

Masato Kakamu:
Yes, we are planning to raise about $10 Million USD. If people want to invest large amount of money in TimeCoin, they can ask us through our token sale page.

Q8 from Telegram user @  Dump & Pump Hodl

Currently you are on the Asian marketplace where Esports have really big marketplace right now. What do you think of Esports market future on Global scale?

Masato Kakamu:
Yes, we will expand in global market, but our main focus is in Asian market. China, India, and Indonesia are very important market for us.

Q9 from Telegram user @  Block Chain Stake

You announced to partnering with PUBG game. What is the partnership details with PUBG and how can this benefit the timecoin protocol?

Masato Kakamu:
We start contracting with esport related professional players, VTubers, and Youtubers. We are planning to contract with PUBG related creators as well. Here is our audition information. https://docs.google.com/forms/d/1WeP_54rSkdd9EVIJNT2fRfB–eMe_LeVXwkXNRFwS9g/edit

Q10 from Telegram user @  Crypto Minds

Have you got plans with partnerships gaming companies or are you against them?

Masato Kakamu:
We can partner with gaming companies. Some of gaming companies are open to partner with us.

Q11 from Telegram user @  Rizki Kori A

Can you briefly describe the Top milestones you have achieved and your target milestones with timelines, also share your roadmap?

Masato Kakamu:
The top priority is serious enhancement and promotion of eSportStars. We need to build App on eSportStars as well. Also, add more functionalities on TimeTicket is important as well.

Q12 from Telegram user @  Ubuntu Coder

How will you plan to run this business in the long run? It will require balancing the monetization, adaption of technology in both games and blockchains?

Masato Kakamu:
Yes, TimeTicket is going to be black in this year and we try to make eSportStars to be black in 2022.

Q13 from Telegram user @  Market Adam

As I see you never sold your tokens to investors. Why did you choose this way? Who is your token holders?

Masato Kakamu:
Since we have raised more than $4 Million USD in equity side, we did not need to sell token. Token holder distribution information is in whitepaper. Tokens are held by our company, executive, team, and partners.

Q14 from Telegram user @  Johnny ℹ️🅿️

🙋‍♂️ Hello Masato

From your initial whitepaper and plan, TimeCoin Protocol was scheduled to take off on the EOS blockchain network. But you later moved from EOS to the Ethereum network. Why did you abandon the EOS network despite its ability to process 50,000 TPS which can be helpful to the DApp services you providing and it’s near zero fees for Ethereum which has scalability issue and high transaction fees? Did you consider other blockchain network and will you inter-operate your protocol on other blockchain network in future?

Masato Kakamu:
We decided not to use EOS because market adaption was lower than we expected. We can use off-chain transactions to hedge ETH gas and transaction speed problem.

Q15 from Telegram user @  CryptoFollower

What privileges do you give to token holders something like private tickets or high paid tournaments?

Masato Kakamu:
Yes, we can give privileges on token holders such as participating high paid esport tournaments and special service/discounts and so on.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

website: https://timecoinprotocol.com/

https://www.timeticket.jp/

https://esportstars.jp/?select_lang=en

Telegram: https://t.me/TimeCoinProtocol

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Hayek-NFT-Blind-Box and our guest was Hayek Money, Founder of Hayek-NFT-Blind-Box . The AMA took place on 06 February.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Hayek-NFT-Blind-Box! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club:
Hello, dear Satoshi Clubbers!

Today our guest is @hayek_money_nft_admin!

Mary | Satoshi Club:
@hayek_money_nft_admin welcome here 😀

Hayek Money:
Hello to all Satoshi Clubbers.

Gold Rocket | Satoshi Club:
Welcome to Satoshi Club, @hayek_money_nft_admin!

Thanks for joining 👍

Mary | Satoshi Club:
Happy to see you here 👍

Hayek Money:
Thank you for inviting.

Mary | Satoshi Club:
How’s your day?

Hayek Money:
Fine, how about you ?

Real nice weather today.

Mary | Satoshi Club:
Nice, we have sunny morning now😀

Gold Rocket | Satoshi Club:
We are impressed and want to hear about your project as soon as possible!😉

Hayek Money:
Wow, satoshi club is the most active group i ever seen.

Gold Rocket | Satoshi Club:
Make a little intro.

How did you get to be involved in crypto & Hayek-NFT-Blind-Box?

Hayek Money:
OK

Mary | Satoshi Club:
Yes, please, introduce yourself and Hayek-NFT–Blind-Box to our community!

Hayek Money:
I shall start with the name Hayek. Many people are really not familiar with him

Friedrich Hayek, is a genius,world-renowed econonmist.

Mary | Satoshi Club:
Yes😉

Hayek Money:
Pls if time allowed, read this.

https://en.wikipedia.org/wiki/Friedrich_Hayek

Mary | Satoshi Club:
Yes, Nobel Memorial Prize 😉 great mind!

Gold Rocket | Satoshi Club:
Great person👍

Hayek Money:
Yep

Gold Rocket | Satoshi Club:
I understand your choice.

Hayek Money:
The Road to Serfdom, we all read the book. And we got inspired by the saying.

Money is one of the greatest instruments of freedom ever invented by man.

That is where Hayek Money came from

Gold Rocket | Satoshi Club:
The more this applies to crypto

Crypto is freedom for many!

Hayek Money:
The we learned that his genius idea is where algorithmic stable coins started.

The more we learned about him , the more worship begin.

Huge fan of Hayek. In order to memorize him, we start a project named HayekMoney, V1 is about Algorithmic Stable Coin and NFT Blind Box.

Mary | Satoshi Club:
Freedom means a lot for you😄

Hayek Money:
Yes

Especially after GME event.

Mary | Satoshi Club:
Awesome! Tell us more how you plan to memorize this great person?😄

Hayek Money:
DeFi and Freedom are the truth.

Gold Rocket | Satoshi Club:
Yes, you can glorify the name of this person in crypto.

Thank you very much for the intro. ready to move on to questions from the community? or want to add something?

Hayek Money:
1 we design and create all our NFT with Mr Hayek’s photo. He will be seen by more and more people.

2 We deliver all these NFTs for free, but someone who claim NFT will remerber Hayek;s birth year.

Hayek Money:
Yes I am ready.

Gold Rocket | Satoshi Club:
Q1 from Telegram User @borysfireball
I understand why you choose Hayek as a symbol, his theories were revolutionary, if he lives now he probably could be the biggest appreciator of crypto. But let’s imagine that he’s alive. Would he want a project founded by anonymous people to be named after him, with a high risk of losing money and without sound development plans? After all, freedom is also a responsibility. What responsibility do you take for the investments received from investors?

Hayek Money:
1 We got our investment from CryptoFund, we don’t need any other investment from anyone else. Our project is opensource and will be audited.

2 We are doing the project to start a new area. NFT blind box + DEFI farming. None has done the same and we are the first to eat the crab.

3 Hayek would be happy if we made his words truth.

Mary | Satoshi Club:
Really! You already got investment?

Hayek Money:
4 We do have more plan in the future. But why the hurry to show everything to the world? We need time to grow and show ourselves.

That is why we give NFT airdrops for free and you know how high the gasfee are these days?

Gold Rocket | Satoshi Club:
And we are happy to receive your answer. 👍 Thanks!

Mary | Satoshi Club:
Yes, they are mooning like crazy 😂

Hayek Money:
We are not worried about team fund. We got more than enough investment to cover our cost.

For sure

Mary | Satoshi Club:
Could you give us a name of CryptoFund that invested?

Hayek Money:
Confidential for now because we signed contract.

Gold Rocket | Satoshi Club:
Tell us please a little more about your team. How many people, in what directions they work, etc.

Mary | Satoshi Club:
Understand 👍

Hayek Money:
27 peoples, 4 solidity coders, 9 frontend and 5 backend, 2 for consulting , 4 for marketing and 3 for product.

Gold Rocket | Satoshi Club:
Not bad👍

Hayek Money:
Some guys are newly employed.

Mary | Satoshi Club:
Wow, huge team!

Hayek Money:
We are doing a busy job training them for our future plans

Mary | Satoshi Club:
I think that today they will have a lot of work to do🚀

Hayek Money:
You know the games development , they are never easy.

Mary | Satoshi Club:
Sure😂

Hayek Money:
And the game is SLG strategy game.

Hayek Money:
We need more personnels.

Gold Rocket | Satoshi Club:
Thanks for the answer! Ready for the next question?

Hayek Money:
Yes

Gold Rocket | Satoshi Club:
You can contact Satoshi Clubbers. We have a lot of talented people.

Q2 from Telegram User @Brainchest
HAYEK opposed the planned economy, and your model is similar to the planned one. Pre-approved NFT quantity, percentages. There is no market to set the price. Tell me why did you choose the image and the name HAYEK, if the principles differ or am I wrong?

Hayek Money:
That is why I start AMA here.

Gold Rocket | Satoshi Club:
👍

Hayek Money:
1 I think I answer the question with the Q1.
2 We don’t sell Hayek NFT, it is up to holders’ demand.
3 We are huge fan of Mr. Hayek and we want him to be knew by more people.
4 Hayek NFT is just one element in our NFT, try to read our medium article you will know more.
A little bit complex.

Hayek NFT will be more often used in our future products.

https://hayekmoney.medium.com/hayek-money-nft-revolution-initialed-by-algorithmic-stable-coin-edfb0e922144

Mary | Satoshi Club:
It has sense, i think😄

Hayek Money:
Hayek Money Stable Coin Protocol is just the appetizer.
♨️ Soup: HayekMoney Vaults
♨️ MainCourse: HayekMoney NFT Game- The legend of Hayek
♨️ Salad: Hayek NFT Pixelmaster
♨️ Dessert: Hayek Money Peripheral Products
♨️ Aft-drink: HayekMoney Derivates

Mary | Satoshi Club:
Btw, great article!

Hayek Money:
We have more coming gradually.

Mary | Satoshi Club:
Wow!

Hayek Money:
The overall plan has been made, we need to race with time.

Gold Rocket | Satoshi Club:
Look forward to! Don’t forget to share updates with Satoshi Club! 👍

Hayek Money:
We won’t.

Gold Rocket | Satoshi Club:
You have good idea and now there is only a lot of work left. 😊

Mary | Satoshi Club:
Thank you for your answers!

Hayek Money:
Tons of work.

Mary | Satoshi Club:
Ready to proceed?😄

Hayek Money:
Yes.

Gold Rocket | Satoshi Club:
So what do you want to add to us about the second question?

Hayek Money:
So far no more. Please proceed.

Gold Rocket | Satoshi Club:
Q3 from Telegram user @lzamg
I see that you have different tokens: HCC, HCS and HCB. Can you give us a detailed description of each token and what are their roles within the Hayek platform? Do we need to own the three tokens to operate on your platform?

Hayek Money:
Anyone know about Basis.cash? Algorithmic Stable Coin.
HCC, HSC & HCB are the cash, share and bond. Same with BAC, BAS & BAB.

Hayek NFT can be used to expand your TVL when user farming HCC and HCS. None has make this before.

Mary | Satoshi Club:
Yes, I heard about them!

Gold Rocket | Satoshi Club:
Does this mean you are pioneers in this direction?

Hayek Money:
Advices:
1 if you are familiar with Algorithmic Stable Coin try to mine.
2 if not , try to claim NFT and learn more about Algorithmic Stable Coin

Yes, None has ever made it happen.

We are proud to say we are the first team to make it real.

Salute to our solidity coders.

Mary | Satoshi Club:
Your knowledge,imagination and your team made this possible!

Ready to move to the next question?

Gold Rocket | Satoshi Club:
Please share your tokenomics by the way with our community😊

Hayek Money:
Yes.

Gold Rocket | Satoshi Club:
Q4 from Telegram user @konditer_rolex
Hayek’s Treasury – for cashing bonds. But you have conditions under which it is impossible to reduce our losses. Tell us in detail about the work of the Treasury and the terms of bond redemption.

Hayek Money:
We have 4 tokens.
1 Hayek NFT token.
2 HCC
3 HCS
4 HCB

Hayek NFT token is unique with MAX supply of 12705.

ALL to be claimed by users.

Mary | Satoshi Club:
Not so many😄

Hayek Money:
HCC: 100001, 50000 are for NFT value Farming and 50000 for fair farming.

HSC: max supply is 1,012,705. 12705 will be distributed to users by NFT claiming process and the rest 1,000,000 will be mined within 365 days.

HCB : the bond will only work when HCC is under 1$, the same amount with HCC.

By the way:
HCC mining Pool
5 DeFi tokens Pools : USDT, USDC, DAI, UNI wETH
Duration: 10 days ; Starting from 08:00 UCT Feb 6th, 2021

NFT Value Pool: 50,000 HCC to be farmed by NFT
Duration: 100 days: Starting from 08:00 UCT Feb 16th, 2021

NFT can be used as TVL booster that is the sexy point.

Done.

Mary | Satoshi Club:
Yes, a lot of info! Thanks!

Ready to proceed?😄

Hayek Money:
Yes.

Gold Rocket | Satoshi Club:
Q5 from Telegram user @franlee17
HCC on 6th February have program Airdrop to share & claim Free 5 NFT, what is the maximum total supply given and whether the participants have the opportunity to get the Hayek-God NFT in this program?

Mary | Satoshi Club:
Btw, i see you already have some DAI in your pool😉

Hayek Money:
Totally supply is 12705 NFTs to be claimed.

Mary | Satoshi Club:
Do you have any min/max amount of NFTs one address can claim?

Hayek Money:
Everyone has fair chance to got Hayek-God NFT. It is totally random and determined by the algorithm.

Yes. Max 5 for one address.

Like fair launch it is called fair claim.

Instead of selling and form-filling airdrops, our main concern is mainly to fight against giants and robots. Let the contract do the job. We are trying to give NFTs to more live users to ensure everyone get a fair chance in this NFT revolution.

Min is 0 if you are not going to claim one.

Mary | Satoshi Club:
Who can get God NFT?😄

Hayek Money:
I get envy whoever got that.

Mary | Satoshi Club:
Me as well😂 will it be random? Or any requirements?

Hayek Money:
Yes.

You have the chance too.

Gold Rocket | Satoshi Club:
Don’t you have it?👀

Hayek Money:
Totally random.

Nope.

Mary | Satoshi Club:
Ha, good game😂

Let’s see who will get it😉

Ready to jump to the 6th and last question from this part?

Hayek Money:
I really want to know who are the lucky ones

Yes.

Gold Rocket | Satoshi Club:
Q6 from Telegram user @Highpee
Reading from your medium, I came across this phrase: “NFT not for sale: Just claim or merge”. Where will I be able to claim your NFTs from and how do I merge them to have a legendary NFT? Since the technology of your NFT is ERC 721, does it mean I won’t be able to trade it on Opensea or other marketplace? If yes, what will I be able to do with these NFTs or will I have to just keep them as collections?

Hayek Money:
Great Question.

1 NFT not for sale, because our team are not selling them. But you can, it is standard ERC721 NFT.

Mary | Satoshi Club:
So, you will have marketplace for it? Or it will be tradable on opensea, for example?

Hayek Money:
If you have 7 single color NFT, you can merge them on our website.

Opensea rarible all your choice.

Again, we don’t sell our NFTs. ☺️

You are free to sell any NFT you claim.

Mary | Satoshi Club:
So, i will even get maximum 5 nfts airdrop i will need to buy additional 2?)

Hayek Money:
HayekNFT will be used in least 2 scene.

Use another address to claim.

Forget it and I never said that IF Our CEO asks.

Mary | Satoshi Club:
Haha, yes, this is the idea😂

Hayek Money:
See the charts here.

Mary | Satoshi Club:
Nice info!

Gold Rocket | Satoshi Club:
Thanks for sharing.

Hayek Money:
HCC mining, NFT will working as TVL booster. Because everyone has the limit to stake their own tokens.

Mary | Satoshi Club:
Really interesting structure!

Hayek Money:
2 NFT value farming, This is another new mechanism. Again , none has made it happen.

Gold Rocket | Satoshi Club:
Would you like to share something else with our community? possibly useful links and information before we open the chat for live questions.

Hayek Money:
One more thing.

Easter egg: Whoever claimed NFT with number 1899 in NFT Token ID, contact admin @ https://t.me/hayekmoney. You will got 189.9USDT as a bonus.

Mary | Satoshi Club:
It’s cool bonus 👍

Hayek Money:
Useful links
website: https://hayek.money
Discord: https://discord.gg/YEBjMrNz9v
Telegram: https://t.me/hayekmoney
Medium: https://hayekmoney.medium.com
Twitter: https://twitter.com/MoneyHayek

Mary | Satoshi Club:
Thank you for your answers!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @  Emmie971

How rare are your NFTs? Are there levels or rarity?
Can I exchange NFTs or upgrade to a more rare NFT?@hayek_money_nft_admin

Hayek Money:
[ File : medium-01.png ]
All details are here

Q2 from Telegram user @  Rыs’ka

You are talking about 100 HAYEK-Legendary NFTs that can only be created with your unique merge function.
Should I merge 7 identical NFTs of different colors? Will the token be spent in this case?

Hayek Money:
[ File : merge NFT.png ]
Yes, 7 different colors can be merged to one legendary

Q3 from Telegram user @ Robocop

Do I only need to staking token in there if I want to participate in your Airdrop on 6th February? how much minimum requirement token to stake?

Hayek Money:
[ File : BFT ]
You just need to stake the required token mentioned in the charts,. You can get NFT, your token and HCS as rewards.

Q4 from Telegram user @  Aston Rowi

Can we buy/sell your NFTs? On what platforms can we do that? Will you have your own NFT marketplace?

Hayek Money:
We do not have market function on our website. If you have one Hayek NFT you can sell on opensea.io or anywhere you want.

Q5 from Telegram user @  Araminah

Hi @hayek_money_nft_admin

I’m curious & get interested about this “Whoever claimed NFT with number 1899 in NFT Token ID, will get 189.9USDT as a bonus”. So may we know some details about it and how we can join? Also can we ask why 1899? Is there something special about that number?

Hayek Money:
Tip: Why 1899? 1899 was the birth year of Hayek, a great genius and a beacon of humanity. Big Fan of you.
Easter egg: Whoever claimed NFT with number 1899 in NFT Token ID, contact admin @ https://t.me/hayekmoney. You will got 189.9USDT as a bonus.

Q6 from Telegram user @ Moe

We have a lot of projects hacked recently. Tell me about your security and talk me for three points about it:1 — smart contract audited; 2 — programs like hackaton and bug bounty; 3 — code open source in github or other website. @hayek_money_nft_admin

Hayek Money:
All verified on ethrtscan and opensource on github.

Q7 from Telegram user @  Nanan Handayani

We know that NFT is very popular especially in the marketplace, whether #HCC builds its own Marketplace or the NFT that you issue cannot be sold but used for mining Pool?
@hayek_money_nft_admin

Hayek Money:
Once again , you can sell them as you wish, Hayek are standard ERC721 NFT.

Q8 from Telegram user @  Johnny ℹ️🅿️

🙋‍♂️Hello @hayek_money_nft_admin

I just have this question about the first ever NFT staking governance you will be introducing. This is something new. Am a bit anxious to know the feature of this governance model and how your NFT Community can use them in reaching decisions? Will the NFT staking governance have similar model with the DAO governance system used by Fungible token holders of common Defi projects?

Hayek Money:
Great question, similar but real different in some voting weight,PM if interested . time is limited

Q9 from Telegram user @ Moe

Currently there are many projects that have a hard time solving the constant problems of data flows.. What solutions does Aria offer to route data flows dynamically between clients and servers? How complex is this process? @hayek_money_nft_admin

Hayek Money:
We are making gudiance to make it simple to all users. It is really complex.

Q10 from Telegram user @ Rolex

Is there a TVL calculator or spreadsheet?

Hayek Money:
Will be the front end is working on that.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

website: https://hayek.money
Discord: https://discord.gg/YEBjMrNz9v
Telegram: https://t.me/hayekmoney
Medium: https://hayekmoney.medium.com
Twitter: https://twitter.com/MoneyHayek

Hello, Satoshi clubbers and guests of this site. Today we will talk about the ZKSwap project.
ZKSwap is a layer2 dex using ZK-Rollups and AMM model.
The AMA took place on February 6 and our guests were Alex – Lead Team of ZKSwap.

The total reward pool was 500$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with ZKSwap! Welcome to Satoshi Club😀

D. | Satoshi Club:
Hello all!

ZKSwap Official:
Hi!

Mary | Satoshi Club:
Welcome here 🚀

ZKSwap Officia:
Thank you for hosting the AMA. We are ZKSwap, a layer2 dex using ZK-Rollups and AMM model.

Mary | Satoshi Club:
Great! We are really excited to hear more about it!

Mary | Satoshi Club:
For the beginning please, introduce yourself 😀

ZKSwap Official:
We are about to launch on the Ethereum mainnet in a few days. I am the team lead Alex.

Mary | Satoshi Club:
Nice to meet you, Alex!

ZKSwap Official:
Glad to be here Mary.

Mary | Satoshi Club:
Tell us how old is ZKSwap? 😀

ZKSwap Official:
ZKSwap was founded in Aug 2020, a pretty new project but our team members are OG in the industry.

Mary | Satoshi Club:
Are they public or anonymous?

ZKSwap Official:
Yeah, we are anonymous due to regulatory concerns.

Mary | Satoshi Club:
How many team members do you have?

ZKSwap Official.
About 20, most devs some supporting.

Mary | Satoshi Club:
Big team, a lot of things are possible 👏

ZKSwap Official:
I agree.

Mary | Satoshi Club:
Thank you for the introduction, Alex! Ready to start with the questions from our community?

ZKSwap Official:
Sure! Happy to.

Mary | Satoshi Club:
Let’s go 🚀

Q1 from Telegram user @JoanaZ
The ZKSwap name Suggests that you have a relationship with the famous Zk-snarks mechanism, so do you actually use it? How?

ZKSwap Official:
Yes.

ZKSwap Official:
We use one of the ZK-Rollup scheme called PLONK. ZK-Rollups are the best layer2 scalability solutions, with better fund security and finality than some other solutions (optimistic rollups).

Mary | Satoshi Club:
Does it mean that transactions will be faster? And does it mean that they will be cheaper?

ZKSwap Official:
Yes.

ZKSwap Official:
When ZKSwap first started, ZKSwap was based on the ZKSync framework. As we delve deeper into the development process, we learned that ZKSync had many issues to be solved. Zksync only supports payment and does not support token swap, and based on its public code its TPS is less than 10, its layer2 still costs gas fees, and the fee is somewhat expensive. So in the subsequent development, we only reused ZKSync’s open-source code of layer 1 contract, for layer2 solutions, we basically developed it independently, achieving both high TPS and gas efficiency.

ZKSwap Official:
The ZK-Rollup system developed by ZKSwap is the zero-knowledge proof system currently deployed on the largest server cluster and with the fastest TPS. Based on the team’s deep optimization of the ZK-Rollup Plonk Scheme, ZKSwap’s TPS can be over 100. It means the entire ZKSwap system can handle nearly 10 million transfers and swap transactions every day. Subject to the computation speed of SNARKs and the native chain TPS, the TPS of most other layer2 solutions is lower than 10.

D. | Satoshi Club:
Does anyone use ZK-Rollups now? any decentralized exchange?

ZKSwap Official:
Yes.

ZKSwap Official:
With the rising gas fee, more and more users are looking at layer-2. And many projects have chosen ZK-Rollups, e.g., Matter Labs (zkSync 1.0 only supports transfers), StarkWare (from StarkEx to StarkNet), Loopring (currently only supports trading and Transfer), Hermez (currently only supports transfer), etc.

Mary | Satoshi Club:
Yes, you’re right! Almost all projects are looking for these solutions, but it doesn’t fully work in any of them, as I know.

ZKSwap Official:
Layer2 is inevitable.

ZKSwap Official:
Among all solutions, ZK-Rollups are the best for dex. And we have optimized it for better speed and even lower fees.

Mary | Satoshi Club:
Right or we will spend everything on fees😂

D. | Satoshi Club:
All our profit 😄

ZKSwap Official:
Yeah $80 gas fee for one transaction just does not make sense.

Mary | Satoshi Club:
Thank you for your answers! Next question is connected with this 😉 ready to proceed?

ZKSwap Official:
Yeah absolutely.

Q2 from Telegram user @manugotsuka
The ZKSwap is basically a mix between the Zk-Rollup + Automated Market Maker, so how this combination can help you to overtake competitors like Uniswap?

ZKSwap Official:
We are one of the few first pioneering with AMM model on layer2.

ZKSwap Official:
Truth be told, zero-knowledge proof is difficult.

Mary | Satoshi Club:
Yes, a bit 😂

D. | Satoshi Club:
And also, how do you think, why Uniswap still not use L2?

ZKSwap Official:
The key to a good dex boils down to users.

Mary | Satoshi Club:
Btw, will we need to pay for using L2? I am not talking about fees, I am talking about any payment for l2 connection?

ZKSwap Official:
No matter what moon math tech we use, the point is to provide a good smooth user experience, of course, smooth transaction, high speed, and low gas fees make a good UX. That’s why ZKSwap will take over layer1 dexes for sure.

ZKSwap Official:
Transferring on layer2 using ZKSwap is gas-free, 0 gas fee.

ZKSwap Official:
All transactions executed on layer-2, including sending, swapping, adding/removing liquidity, are gas-free. Depositing from layer-1 (the Ethereum native chain) to layer-2 and withdrawing from layer-2 to layer-1 requires gas-fees, but ZKSwap subsidizes the withdrawal gas.

Mary | Satoshi Club:
Any hidden payments for connections?

Mary | Satoshi Club:
Got it!

ZKSwap Official:
I guess by connections you mean deposit and withdrawal between layer1 and layer2, Depositing from layer-1 (the Ethereum native chain) to layer-2 and withdrawing from layer-2 to layer-1 requires gas-fees, but ZKSwap subsidizes the withdrawal gas.

ZKSwap Official:
Yeah, so there you go, if you are an avid trader making lots of swapping, layer2 is a no brainer.

Mary | Satoshi Club:
Yes, something like this😀

D. | Satoshi Club:
yes, this is what we wanted to know.

ZKSwap Official:
As I said, layer2 is inevitable and it’s coming.

ZKSwap Official:
The beginning of layer2 spearheaded by ZKSwap marks a new phase for DeFi.

Mary | Satoshi Club:
Thank you! We all are waiting for this day to come!

ZKSwap Official:
Like Elon Musk said, looking back it was inevitable.

Mary | Satoshi Club:
Ahaha😂

Mary | Satoshi Club:
Ready to jump to the next question?😀

ZKSwap Official:
Sure!

Q3 from Telegram user @pthtx
You know that there are many investors in the US. Maybe I think they can boost the volume and price of the ZKS itself. But somehow, they’re restricted to using ZKSwap for some reason. how ZKSwap team solves this?

ZKSwap Official:
That’s a decision the team has to make due to regulatory concerns.

ZKSwap Official:
Lack of clarity is really hindering the industry.

Mary | Satoshi Club:
Only the USA or you have other countries that are restricted?

ZKSwap Official:
I’ll have to get back to you on this.

Mary | Satoshi Club:
Do you check IP? Or it just a warning for these citizens?

ZKSwap Official:
We restrict IP.

Mary | Satoshi Club:
Thanks!

D. | Satoshi Club:
but people from the US can use VPN, will it allow them to use ZKSwap?

Mary | Satoshi Club:
Lol, it’s secret😂

D. | Satoshi Club:
😉

ZKSwap Official:
Shall we move on to the next question?

D. | Satoshi Club:
Sure!

D. | Satoshi Club:
Thank you for the answer!

Q4 from Telegram user @Wormz28
The ZKSwap team will give away 40 Million ZKS before the mainnet launch worth about 70 million USD, so may I ask what’s the reason and the purpose of why ZKSWAP will temporarily remove the liquidity on Uniswap? Also, I think many are waiting & interested in the Airdrop, so what are the rules, and how we can join and participate?

ZKSwap Official:
Yes, we are currently taking snapshots of holders addresses, to do that we removed liquidity temporarily on Uniswap so the tokens lock-in liquidity pools will be freed and eligible for the snapshot.

ZKSwap Official:
This community giveaway is our way of thanking the early participants.

Mary | Satoshi Club:
So, we are late to participate?

ZKSwap Official:
We have hosted 4 large scale testnet incentive programs since last November. As we approach mainnet launch, we will also announce two community mining events, proof-of-staking, and proof-of-gas.

ZKSwap Official:
It’s never late to join the community as there will surely be more community engagement events.

Mary | Satoshi Club:
How many participants did you have?

D. | Satoshi Club:
Indeed.

ZKSwap Official:
Oh, a lot. I mean, honestly, our recently closed proof-of-gas incentive program we’ve seen over 20K users(individual IPs) participating.

Mary | Satoshi Club:
Wow! Incredible numbers!

Mary | Satoshi Club:
Which feedbacks did you get?😉

D. | Satoshi Club:
How many tokens overall, do you plan to give to your community? Do you have particular numbers?

ZKSwap Official:
Mostly positive. Since it’s testnet incentive, we welcomed bug report and there were feedbacks about user experience related features.

Mary | Satoshi Club:
👍

ZKSwap Official:

ZKSwap Official:
Haha, so there you go, all the detailed number of our past events.

Mary | Satoshi Club:
Wow👀

Mary | Satoshi Club:
Your community should be happy! They did a great job and will be rewarded!

Mary | Satoshi Club:
Ready to proceed?

ZKSwap Official, [06.02.21 13:38]
Yeah, sure.

Q5 from Telegram user @chzrles
How does ZKSwap stay sustainable if it doesn’t charge commissions and also makes big airdrops worth millions of dollars, all this in less than a year since this project was launched?

ZKSwap Official:
Haha, fair question but we got it all figured out.

ZKSwap Official:
If you check our economy whitepaper you’ll see we have allocated what we think is the right amount of tokens for community growth.

ZKSwap Official:
ZKSwap aspires to attract users with smooth user experiences. We do community engagements to attract existing DeFi users to try DeFi on layer2.

Mary | Satoshi Club:
Can you share your wp with us?)

ZKSwap Official:
Sure, one sec.

ZKSwap Official:
https://medium.com/zkswap/zkswap-economy-whitepaper-31d57b10cae6

ZKSwap Official:
While we are at it, can I share our social media for folks to learn more? 😉

ZKSwap Official:
@madamlobster

Mary | Satoshi Club:
Of course!

D. | Satoshi Club:
Umm, a big piece of pie for community 😊

ZKSwap Official:
Awesome. You can find us here🥰:
ZKSwap Official Website: https://zks.org/en
ZKSwap APP: https://zkswap.app
ZKSwap Twitter: https://twitter.com/ZKSwapOfficial
ZKSwap Official Telegram group: https://t.me/zkswapofficial
ZKSwap Medium Publication: https://medium.com/zkswap
ZKSwap Discord: https://discord.gg/ZRxS8fYTDv
ZKSwap Github page: https://github.com/l2labs

ZKSwap Official:
Yes indeed, 60% for community mining, 8% for third-party devs, and ecosystem growth.

Mary | Satoshi Club:
Thanks! Satoshiclubbers join!

ZKSwap Official:
The more the merrier!

ZKSwap Official:
This is the perfect timing to learn about community mining.

Mary | Satoshi Club:
And 15% for team😉 do you plan to lock that tokens?

ZKSwap Official:
Yes.

Mary | Satoshi Club:
Explain it to our community 😉

ZKSwap Official:
One year lock up and Starting from the second year, 5% of the total token supply will be distributed to the ZKSwap team every year till the end of the fourth year;

ZKSwap Official:
Also lock up for angel investors till listing on major exchanges, which explains the currently low circulating supply of only 40 m atm.

Mary | Satoshi Club:
👍👍👍

ZKSwap Official:
I’ll add a bit more about this.

ZKSwap Official:
Community mining includes:
Proof-of-Liquidity-Mining (15% of the total supply);
Proof-of-Gas (10% of total supply);
Proof-of-ZK-Snarks (15% of the total supply);
Proof-of-TransFee (10% of the total supply);
Smart Contract Staking (10% of the total supply)

ZKSwap Official:
Any more questions from the community? 🙂

Mary | Satoshi Club:
Yes!

D. | Satoshi Club:
We have the last question in this part 🙃

Q6 from Telegram user @Unknown_Mark
I surfed your website for a lot of time and I didn’t find anything talking about security, so can you please tell me what procedures do you take for the security of your project? How can you proof to me that it is safe and secure to invest in your token? Thanks.

ZKSwap Official:
Definitely a great question!

ZKSwap Official:
Security is key to any DeFi project.

D. | Satoshi Club:
I smell question about audit here @madamlobster 😉😅

ZKSwap Official:
The security of the ZKSwap system mainly includes the security of the Layer 1 smart contract and the circuit security of Layer 2.

Mary | Satoshi Club:
Ahaha 🤣

ZKSwap Official:
At present, the team is working closely with three audit teams to independently audit and test all the codes of ZKSwap, including those that focus on the field of zero-knowledge proof audits. The ABDK team, the Certik audit team, and the SlowMist audit team, according to the feedback from the audit team, currently our code is good to go on mainnet.

Mary | Satoshi Club:
And reports will follow soon, right?

ZKSwap Official:
Another part about security is whether funds are SAFU at layer2. This we can assure you it’s mathematically guaranteed.

D. | Satoshi Club:
Wow, nice audit firms.

ZKSwap Official:
We actually have audit reports from the slow mist on our social channels. Reports from ABDK and CertiK will come soon.

ZKSwap Official:
Good eye!

Mary | Satoshi Club:
Great! We will follow updates from you!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Damilola145
What are the goals ZKSwap seeks to achieve before the end of this first quarter?

ZKSwap Official:
Good question, our immediate goal is of course mainnet launch, then making the ZKSwap.app accessible to more users; In mid-term we will cooperate with exchanges and wallet providers to integrate with ZKSwap. Our long-term plan is to abstract the technology of ZKSwap and builds a layer-2 protocol; to support more DeFi projects, and use ZKSwap technology to build future DeFi on Layer 2.

Q2 from Telegram user @azrayeni
What is proof of the gas concept? Can you explain the difference from proof of stake?

ZKSwap Official:
Proof-of-gas in simple English is trading ZKS with ETH. For each transaction on the ZKSwap layer-2, ZKSwap needs to submit zero-knowledge proofs to Ethereum layer-1 to ensure security. For each interaction with the Ethereum layer-1, a certain amount of Gas fee will be consumed. In zkSync and other ZK-Rollups-based systems, this part of the Gas cost is covered by the user.
ZKSwap proposes Proof-of-Gas (POG), a proof mechanism based on Ethereum Gas consumption, making it possible to allow a third party to pay the user’s gas fees.

Q3 from Telegram user @CrisTubista
There are currently many emerging Swap platforms. What would you say to users, so that they consider ZKSwap as their alternative header?

ZKSwap Official:
It all boils down to user experience, transaction speed, cost, security, liquidity. We are confident about all these factors.

Q4 from Telegram user @Akira23
Does ZKswap have an incentive program running at the moment? How can we benefit from the ZKswap incentive program? Where and when were the prizes from the incentives program distributed?

ZKSwap Official:
We wrapped up all testnet incentive programs. Going forward we have planned community mining and other community engagement events, e.g. we are preparing community dev grants. Stay tuned by following our social media channels.

Q5 from Telegram user @boradam
Security and smart contract auditication very crucially in blockchain projects, especially DeFi projects. How can we make certain of the security of the ZKSwap?

ZKSwap Official:
Good question. That’s why we chose three respected auditing teams. ABDK is the auditing team for ZKSync, CertiK is a cutting edge security company co-founded by professors at Yale Computer science department and Columbia Uni. All very respected in the industry.

Q6 from Telegram user @JuanSB07
How is it possible that the transaction gas within ZKSwap has a cost of “0”? In addition to this, how do you provide a high-performance exchange infrastructure? What is the performance you offer to say that is “ultra-high”?

ZKSwap Official:
All transactions happen on layer2, which is off-chain, but we use zk-rollup technology to ensure the consistency of layer2 and layer1.

Q7 from Telegram user @adamlike
To get more liquidity more users are needed, so how do you plan to win more users to use the ZKSwap project?

ZKSwap Official:
Community engagements! If you are an avid DeFi user of an existing platform, we might have good news for you soon!

Q8 from Telegram user @abdullah_Nl
What is the idea behind the name? Why Zkswap?

ZKSwap Official:
Yes, we are essentially a layer2 dex, so Swap; and our backbone technology is zero-knowledge proof, so ZK; collectively ZKSwap, pretty catchy, yeah?

Q9 from Telegram user @Joseunda
Do I need to have KYC in order to use ZKSwap?

ZKSwap Official:
No! It’s a dex, no KYC needed. Yeah!!!

Q10 from Telegram user @Dwan10
Why does Zkswap still use Ethereum blockchain while it has a slow speed and high gas fee? Do you have any plans to launch your mainet or convert to other blockchains in the future?

ZKSwap Official:
We chose Ethereum because it amasses the largest user base and has the most defi legos to interact with.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of ZKSwap. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:
ZKSwap Official Website: https://zks.org/en
ZKSwap APP: https://zkswap.app
ZKSwap Twitter: https://twitter.com/ZKSwapOfficial
ZKSwap Official Telegram group: https://t.me/zkswapofficial
ZKSwap Medium Publication: https://medium.com/zkswap
ZKSwap Discord: https://discord.gg/ZRxS8fYTDv
ZKSwap Github page: https://github.com/l2labs

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Poltergeist Exchange. Our guest was Daemon one of the founders of Poltergeist Exchange. The AMA took place on 7^th February.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$ + 700$ GHOUL.

In this AMA Recap we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Gold Rocket | Satoshi Club: Hello, dear Satoshi Clubbers! ❤️

We are happy to announce our AMA session with Poltergeist Exchange 👻

D. | Satoshi Club: hello Satoshi club!

Gold Rocket | Satoshi Club: Today our guest is @DaemonPoltergeist!

Daemon: Hey everyone! Thanks for having me.

D. | Satoshi Club:  welcome!

Gold Rocket | Satoshi Club: Welcome to Satoshi Club!

Daemon: Thank you !

Gold Rocket | Satoshi Club: Thanks for joining!

Daemon: Thanks for having me! Looking forward to it

Gold Rocket | Satoshi Club: To begin with, please tell us a few words about yourselves and how did you get to be involved in Poltergeist Exchange

Daemon: My name is Daemon, and I am one of the founders of Poltergeist Exchange.

We started working on the concepts and ideas for Poltergeist about 6 months ago, and have been working tirelessly at making our product the best. We released Poltergeist Exchange on January 31st

D. | Satoshi Club: besides you, how many people working at the project?

Daemon: Currently there are 4 others, but we are also hiring.

We are looking for 3 more very high end developers to join our team.

Gold Rocket | Satoshi Club: Impressive! So much work in a short time! And such a small team!

👏👏👏

Daemon: Thank you! We are a small team now, but get sh*t done 🙂

D. | Satoshi Club: can you share information about members of your team and their roles in project? are you public team or anonymous?

Gold Rocket | Satoshi Club: I hope you share your achievements with us. 😊

Daemon: We are running a privacy coin exchange that does not collect user information, so our core team is anonymous, primarily for legal reasons.

In our new hiring, we are looking to bring on some team members who are not founders, and do not have to be anonymous.

Also we know anonymous teams can be an issue, so we have planned tons of security and verification measures to make sure everyone is always happy, and knows their funds are safe. We will be doing very regular public balance verifications etc.

D. | Satoshi Club: gotcha 👌

Gold Rocket | Satoshi Club: Thanks for your intro! Ready for community questions? 😉

Daemon: Bring them on!

D. | Satoshi Club: ok, let’s do this!

Q1 from Telegram user @cleotilde1

The name of your project (Poltergeist Exchange) is similar to a project called GHOST, and coincidentally GHOST is listed on your platform. Is there any relationship between your platform and the listed tokens or is your platform planning to build its own token in the future?

Daemon: There is no relation with Poltergeist and GHOST outside of we contacted all the privacy coins we planned to list several weeks ago, and GHOST was one of the proejcts that was very happy to help cross promote their listing.

Verge, Beam, and others will be listed shortly, and will be helping with cross promo too!

We try to have relationships with all projects we are working with/listing, to help with marketing, as well as development updates, wallet issues, etc etc

D. | Satoshi Club: so you list only privacy coins/tokens on your exchange?

Gold Rocket | Satoshi Club: By the way, we had a GHOST on AMA, if I’m not mistaken. 😉

Daemon: And as far as our own token, our native crypto currency GHOUL has a public sale on Feb 14th!

GHOUL unlocks all the features Poltergeist has to offer! We will go into more on that soon I assume

Yes. ONLY privacy oriented projects will be listed

Gold Rocket | Satoshi Club: Wow! So soon! We are looking forward to this event👍🚀

D. | Satoshi Club: it makes you a unique exchange, privacy-oriented, cool

Daemon: Us too! Our private sale a few weeks ago sold our quickly, so I know there a lot of people looking forward to picking up some GHOUL before it goes live for trading on Uniswap/Poltergeist on March 1st

Yea no one is doing what we are doing.

As cool as our current exchange is, on December 31st, we have our final main net product coming out.

A fully decentralized cross chain privacy exchange

Gold Rocket | Satoshi Club: 2021 promises be hot for you as I understand it 🚀

D. | Satoshi Club: btw can you share your tokenomics with us as well?

Daemon: For sure! 2021 is the year Poltergiest Exchange takes a big chunk of the privacy coin trading volume

Gold Rocket | Satoshi Club: Ambitious goals! 👍

Daemon: GHOUL total supply is 100,000,000

20% Private Sale (Sold out)

40% Main Sale (Feb 14th)

15% Team

15% Dev Fund (1 year lock up)

5% Marketing

5% Uniswap Locked Liquidity

GHOUL holders receive

*100% of Poltergeist Exchange trading fees

*Reduced trading fees

*Voting rights

*Proof of Stake rewards in the final main net version

*And more

D. | Satoshi Club: thanks! 👍

Gold Rocket | Satoshi Club: Thanks for sharing! Do you want to add something or can we proceed to the next question?

Daemon: You can ask the next one!

Q2 from Telegram user @kripto_mangunkusumo

Many people consider that in the future the DEX platform will be more popular than CEX due to security and privacy reasons. Why did you choose to build the CEX platform over DEX? do you have your own opinion regarding this?

Daemon: Our entire project is centered around our main net release on December 31st.

It will be a full cross chain privacy DEX like nothing else on the market.

We decided to start as a CEX to go ahead and begin growing the brand, reputation, and user base leading into our main net launch at the end of the year.

Daemon:

Check out our roadmap for development milestone dates on our main net release

D. | Satoshi Club:👍

will you have plans to release another token for your DEX? or GHOUL will be the only one?

GHOUL will be the only one, but there will be a swap later this year from the ERC20 version to our Main Net version

will it affect total supply? in which proportion swap will be? 1:1?

Daemon: Swap will be 1:1 yes

The main net version is a fully custom proof of stake blockchain.

Users will be able to stake their GHOUL and earn staking rewards in addition to earning fees from the exchange.

Once the POS blockchain is launched, the supply will increase slowly overtime from generating the blockrewards. The emission will be a very small percentage yearly.

We will post all the exact info on this in March when we release our Main Net White Paper

D. | Satoshi Club: got it! thanks! ready for the next question?

Daemon: yup!

Q3 from Telegram user @NataliyaKil

You say: register and trade anonymously. But according to the Privacy Policy, you collect a lot of information about your users: from username and password to complete information about user funds! You explain this by the fact that we ourselves agree to the collection of information about us and it is needed for our protection from fraudsters.How is our data stored? How exactly is your system protected from intruders who can use my data?

Daemon: We like to collect as little information as possible on our users. All information in encrypted.

There is no name or anything like that needed when you sign up, and no KYC.

Pretty much your email address is all we really have on you, and we suggest using a different email address than your main email.

On our end, we employ the latest technolgy to make sure our products, and your funds and information are safe.

In our main net version, you will not need an email address or anything like that.

It will be a fully decentralized cross chain privacy dex

Gold Rocket | Satoshi Club: it makes sense. 👍

D. | Satoshi Club: can people use VPN on your exchange? is it forbidden or not?

Daemon: Poltergeist does not have any geo restrictions but we always advise using a VPN no matter what you are doing online 🙂

D. | Satoshi Club: haha 😉

got it, good advise

and in terms of security, you done or will you planning to do an external code audit?

Daemon: One of our goals this year is to really educate users on privacy. How to stay private and secure online, when trading, and why its important.

Gold Rocket | Satoshi Club: Indeed😊

Daemon: An internal audit on our current version of our exchange was done prior to release. We will be releasing a public one next month.

And for our main net product, we will be doing several audits from very reputable companies. The code in the main net product is much much much more complicated

D. | Satoshi Club: got it, thanks! i think we ready for the next question?

Daemon: Yup!

Q4 from Telegram user @Brainchest

I read that Ghoul holders get a 100% of the fee. Please tell me the number of Ghoul tokens I should hold for such a discount. If I have 1 token, will I get such a discount? And imagine a situation where all users have Ghoul and get 100% discounts. What funds will be used to maintain the exchange and then what is your profit?

Daemon: GHOUL holders receive 100% of all trading fees from Poltergeist Exchange.

Additionally, if you hold 10,000 GHOUL or more you will get reduced trading fees on our exchange.

The team has and is rasing money that will fund us through the entirety of our main net launch at the end of the year.

Once we move to our main net proof of stake blockchain, the dev fund will get a very small block reward each block to help with funding, as well as the GHOUL the dev fund already has.

D. | Satoshi Club: what another benefits you can offer for your users at the current stage? do you have some affiliate programs by the way?

Daemon: In addition to fee distribution, and trading discounts, GHOUL holders receive voting rights, future POS block rewards, and more!

And yes! If you sign up for PoltergeistExchange.com you can see a ref link in your profile that currrently can get you a bunch of free GHOUL if someone uses it.

We are doing a GHOUL airdrop on February 13th for every account that has signed up for Poltergeist Exchange + a bonus if you complete 1 or more trades!

There is also a bonus available for anyone who signs up using your referral link.

Airdrop details

The airdrop runs through February 12th 11:59pm EST

Sign up for Poltergeist Exchange = 250 GHOUL AIRDROP BONUS

Complete 1 or more trades = 1,000 GHOUL AIRDROP BONUS

Referral link sign up = 250 GHOUL AIRDROP BONUS

Ghoul Airdrops will be paid to your Poltergeist Exchange account February 13th. GHOUL public sale begins February 14th and GHOUL trading goes live March 1st!

D. | Satoshi Club: nice nice, we love airdrops here 😋😄

Daemon: Make sure you sign up to get it 🙂

PoltergeistExchange.com

Gold Rocket | Satoshi Club: Thanks for sharing! Ready for the next question? 😉

D. | Satoshi Club: so Satoshiclubbers if you wanna get an airdop, this is your chance

Daemon:Yes!

Q5 from Telegram user @Arisabela

A lot of tokens has been listed on Poltergeist Exchange this month, it says in your twitter that you’re a crypto currency exchange with a focus on anonymity and privacy coins, what are the requirements in order to list a coin to keep it anonymous and private?

Daemon: The only requirment is the project is privacy oriented and active.

We charge no fees for listing projects that qualify.

In addition to the coins we currently have listed, Verge, Monero, Grin, Beam, Zcoin, and a couple others are the next to be added

If anyone has suggestions of other privacy coins or projects they would like to see listed, feel free to suggest them in our Telegram

D. | Satoshi Club: if we with my mates will decide to create a privacy coin, will it be easy to get listing on your exchange? for the totally new and unfamous project?

Daemon: If you are a real, active project, YES it will be easy. Even if you are new.

Most privacy coins are custom blockchains that take a decent amount of time and resouces to get going and then because they are a custom blockchain exchanges want to charge addition fees for listing and maintaining it. It’s a big burden and we are going to lift that, and allow even new projects a very easy way to open up to a community of privacy oriented traders.

D. | Satoshi Club: understood, thanks! 👍 thank you for the answer! ready for the last question from part 1?

Daemon: Yup!

Q6 from Telegram user @cengizhantekin

You already completed a private sale for GHOUL token, you will do a public sale in a week and the token will go live on Uniswap within 3 weeks, Poltergeist Exchange has already been launched, it is up and running. Seems like everything is on its way, therefore you plan to launch Poltergeist Mainnet at the end of this year. What items/functions will you move to your mainnet? How will you be handling those until the end of year? What new features will the mainnet bring?

Daemon: All of that is correct. We have been moving very quickly.

We sold out the GHOUL private sale in mid January, and launched Poltergeist Exchange on January 31st.

The next 2 milestone dates are

Feb 13th – GHOUL AIRDROP

Feb 14th – GHOUL PUBLIC SALE

So our exchange right now is a centralized proof of concept version of what we are building. We will take all the aspects of our current exchange. and more, and slowly build out our cross chain privacy dex.

The DEX will have a very similar look and feel as our current version, but all the functions happening in the background (funds, trades, hosting, etc) will be fully decentralized, and Poltergeist Exchange will never have any access to your funds, information, or anything.

D. | Satoshi Club:lots of things done, lots of things will be  👍

Daemon: For sure!

D. | Satoshi Club: we hope Poltergeist will be a game-changer on privacy field👌

Daemon: Thanks! It will 😈

Part 2 — live questions from the Telegram community

Q1 from Telegram user @highpee

You said  all that a user need to use your Poltergeist Exchange is just an email address and there is no need to pass KYC. Am quite surprised because this is a first time am seeing a CEX operating that way. Are you doing this because as a result of your interest in privacy? Won’t this create some legal and regulatory bottleneck for you, most especially as you are not geo-restricting users who can have access to your service?

Daemon: That is correct. We are set up in several countries that are the friendliest to what we are doing + by the time we launch main net later this year, it will all be decentralized anyway.

You can trade freely on Poltergeist

Q2 from Telegram user @KhaleesiTheCryptoLady

How much fee do you charge for market maker and taker?

Daemon: Poltergeist has 0% maker fees and 0.25% taker fees with the ability to lower this by holding GHOUL

Q3 from Telegram user @Astontroe

Who can participate in the public sale of GHOUL? Can US based user buy GHOUL token from the public sale? What are the process for participate?

Daemon: Anyone!

The sale will be held on PoltergeistExchange.com

Q4 from Telegram user @dungpro123

Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform???

Daemon: We are releasing encrypted chat within Poltergiest Exchange in July. I think this will be very interesting and can lead to an entire private social media push once others can build on our blockchain

Q5 from Telegram user @NataliyaKil

You have GHOUL Public Sale scheduled for February 14th.  How much is allocated for this and at what price?  How much GHOUL can I buy and can I use them right away?

Daemon: 40% of the supply will be sold with a starting price of $0.0125 USD

Market Cap in pubic sale is 1.25 million USD

Ghoul will open for public trading March 1st on Poltergiest and Uniswap with locked liquidity.

Q6 from Telegram user @aym1212

Should I, as an investor, perform kyc verification if I deposited or withdrawn 1000$ from the PoltergeistExchange platform?

Daemon: We don’t have KYC. Withdraws under 2 btc are “instant”.

Q7 from Telegram user @nulli14

Besides getting discount what other benefits will user get by holding GHOUL token? Will there be a staking program too? 

Daemon: *100% of all trading fees go to GHOUL holders

*Reduced trading fees if you hold 10,000 GHOUL

*Voting Rights

*Proof of Stake Rewards

*And more!

Q8 from Telegram user @Astonroe

You are mostly focusing on privacy. Even you decided to list only privacy coin on your exchange. So, is it possible to do a transaction without public my information? I mean can I do anonymous transactions on GHOUL?

Daemon: On our main net version yes, you will be able to do anonymous transactions with GHOUL.

Our main net blockchain that comes out later this year will make everything private 🙂

Q9 from Telegram user @moe_808

What is the most ambitious goal of the project? I would appreciate it if you could share with us any upcoming updates? What should the community look for?

Daemon: The next 2 milestone dates are

Feb 13th – GHOUL AIRDROP

Feb 14th – GHOUL PUBLIC SALE

The best way to keep up with all of our information, updates, giveaways, etc is to join our Telegram Group

https://t.me/poltergeistexchange/

Q10 from Telegram user @Korryl

On your twitter said Poltergeist Exchange is focus in Anonymity and Privacy coin but as i see other exchanger want to delisting privacy coin because of AML and KYC regulations. How is your opinion regarding this matter?

Daemon: This is going to continue to happen. Exchanges are going to be faced with burdensome regulations and be forced to delist privacy coins.

Poltergiest will be waiting for them with an unstoppable decentralized cross chain privacy dex.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/poltergeistexchange/

Twitter: https://twitter.com/PoltergeistDEX?s=09/

We are pleased to announce our next AMA on February 12th, 2021 at 02:00 PM UTC Time: Satoshi Club x Mdex

⚠️Click to see the hour
⚠️Total Reward pool: $1000

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Mdex Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Mdex Team will select 10 questions and answer them.

Part 3: 800$ – A quiz about Mdex

For more details:
Mdex – @MdexEN
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from Prasaga, an interesting project with great prospects! A good and confident start, a large team that is interested in the rapid and powerful development of the project. The AMA took place on February 5 and our guests were Jay Moore, Michael Holdman (Prasaga Founder and CEO) and David Beberman (Prasaga CTO).

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

---

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with Prasaga! Welcome to Satoshi Club😀

D. | Satoshi Club: @TheJayMoore and @michaelholdmann hello! good to see you here! 😃

Jay Moore: Good day!

Michael Holdmann: Good Morning everyone, it is a pleasure to be here. I am very anxious to get underway, looking forward to this.

Mary | Satoshi Club: Could you please introduce yourself and tell us more about Prasaga!

Jay Moore: I am a massively parallel entrepreneur, human connector, and industry insight merchant. In my 25+ years in the video game industry I have spoken internationally and is domain expert on community branding, game development middleware, startup ecosystems, and new venture and strategic market planning. I enjoy successful track record in 12 new ventures with four exits.

I am most known for being GarageGames’ marketing director & chief evangelist, he helped grow a community of 250,000 game developers. GarageGames licensed the first AAA game engine for $100 and coining the term “Indie Games” and igniting the indie game movement. I believe the future will be massively improved by blockchain, empowered by AI, and driven by an economy based on reaching our full human potential.

Michael Holdmann: I am Founder & CEO of Prasaga. I have been involved in technology sector in Telecom, Network, Internet, Software for 5 decades my focus as strategist, biz dev, evangelist, and visionary. 

Prasaga is my 4th start up. I started a mission to create a ubiquitous, decentralized, open, equitable, technical foundation that would allow all everywhere to participate on a global playing field. My first endeavor to solve this was an Application Service Provider (ASP) in mid/late 90’s, what we call cloud today. For the last decade I have been collaborating for international open standards for the Internet of Things to ensure the ability for anything to talk to anything or anyone regardless of data model, protocol, platform or provider.

What I discovered was the need to Decentralize the industry to ensure the citizen was in power, not large walled gardens run by the FAANG. This is what Prasaga will deliver to the world. The foundation for all transactions, financial or other.

Mary | Satoshi Club: Guys, I am sure with your background you created something extraordinary! Introduce us about Prasaga, please.

Jay Moore: Prasaga is a Foundation that is building the DataGrid Blockchain. A new native chain that has a different approach to blockchain than any other to date. We started by working on a message server solution for interoperability in SmartCity/IoT.

After raising $850k for a full ICO back I 2018 we discovered that there were no block chains that would scale for our purposes. 3 years later we’ve designed, patented (to protect for our community) and proven our new invention by launching the XBOM on HyperLedger.

Q1 from Telegram user @JesusFre1tes

One of the biggest challenges facing many platforms and exchanges today is how to take human-to-human commerce to new heights of speed, ease and security. What are the solutions Prasaga has proposed to improve current exchange systems? How have you improved and diminished the scalability problems and high transaction fees that many users suffer from today?

Jay Moore: We’ve always seen a need for innovation on multi-sided markets – our IoT/SmartCity data marketplace is designed for just such purpose to facilitate both AI analysis and human interaction. There are a few key elements that are enabled to evolve on our blockchain platform. As we remove the difficult to develop Smart Contract and replace with Smart Asset we’re able to put each asset directly in your account under your control not just referenced. We can then fractionalize assets; we can certify them as well as easily transfer them from account to account.

Michael Holdmann: How have you improved and diminished the scalability problems and high transaction fees that many users suffer from today? Thank you for this question.  The scalability is solved by eliminating smart contracts with a Global Operating System, XBOM we call it.  With XBOM we move all state into the account (as opposed to the account referencing the smart contract) this allow us to now move accounts and state between parallel chains.  Smart contract platforms serialize at the shard; we increase throughput by adding resources to the limits of the network.

D. | Satoshi Club: Thank you for answers!  how do you think, do you have any competitors on this field? does anyone trying to do something similar as you do?

Jay Moore: There is some research at Stanford that is looking at some similar models, but nothing we’ve seen in the market has taken our approach. Our CTO David Beberman has previously written a 1st Class Object Model Operating system and the testnet now running on HyperLedger proves that we’re able to host the operating system effectively on the blockchain.

The competitors are more in having built full ecosystems of developers. We believe as we create a global network as part of the DataGrid Collaborative developers will see the advantages of our solution if they require scale and ease of use.

Love a “Blue Ocean” Opportunity. The convergence of AI, Blockchain and the demand for more online markets seems to also be a perfect storm for developers.

Michael Holdmann: Yes, our eXtensible Blockchain Object Model is an architecture based on a First Class Object Model.  This is the same underlying foundational architecture, although modified somewhat, as MacOS X, and Windows operating system.  This architecture enables us to create a single instance global class tree and to put (instantiate) class objects (assets) directly into the account structure of each peron.

This approach does many things, including limit bugs and malicious code as all object instantiate from same exact copy of code on the blockchain.  It takes the need of knowledge of the underlying blockchain out for both dev. and user by delivering a blockchain applications framework.  Think of it just as an OS on your computer, watch phone etc.  You now only have to know how to write or use an app.

Mary | Satoshi Club: Btw, I started to read this interview 😉 I think it will also help our users to understand a lot of things about Prasaga https://hackernoon.com/interview-with-david-beberman-presaga-cto-2q1031p0

Q2 from Telegram user @rhedd

DGT token is a mined token. It is not designed with a fixed total supply. The intent of Prasaga platform is to sale up to 21B tokens for just 12mons… Don’t you think your platform have a huge supply of token and surely it will reduce the value of DGT… What will be the big impact into your community and to your platform?

Michael Holdmann: Hi, we have done a premise as Ethereum did which we are using in a Dutch auction style DeFi liquidity campaign.  To fund Mainnet, list native DGT, and build out our global community collaborative etc.  The 21bn is a fluid number based on the spot price of the DGT on the market at time of each week unlock, the 21bn token is assuming a $.005/token price.

Our economic model is different than any other, we are not a deflationary economy as we see no way of those being sustainable, everyone just ends up a race to zero.

Jay Moore: Also, I might add that with our DeFi farming and staking platform we’ll have a larger appeal to retail and larger traders to participate in our Dutch auction that for example EOS had. As we’ve gotten more visibility we’re enjoying discussions with much larger fund (Family Offices, Syndicates and crypto funds) looking to participate in our project.

We are going to have a Balancer Liquidity Boot Strap Pool starting on Feb. 14th running for 96 hours. (Our price discovery phase).

D. | Satoshi Club: Thank you! DGT is your only one token? nowadays is kind of popular add more and more tokens to your ecosystem😊

Michael Holdmann: We are finalizing our staking and liquidity program now.  It will be published after the LBP Feb. 19/20 and prior to DeFi pools on Feb 25.

Past LBPs:

FURUCOMBO’s LBP announcement: https://medium.com/furucombo/announcing-combo-token-launch-53ea05a68e74

Overview of Nsure Network’s LBP sale: https://nsure-network.medium.com/nsure-network-tge-balancer-lbp-user-guide-2d61b40f2a7c

Step-by-step guide for APY Finance’s LBP sale: https://medium.com/apy-finance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c

Post-sale summary of Perp.fi’s LBP token sale: https://medium.com/balancer-protocol/a-new-paradigm-for-token-distribution-c82de13626bb

Q3 from Telegram user @AmirJosh

To be able to interact with Prasaga, the stakeholder should have an access to IoT smart devices. What are the examples of device that considered as IoT smart device? Do smartphones include on it?

Jay Moore: So in our early thesis we had built a message server solution that would allow devices to be interoperable. What we’ve built now is far beyond that original data marketplace approach as we have full blockchain. You need a wallet, a browser or phone apps that will be developed in our community to interact. The key will be the ease of development of these applications that will allow consumers to quickly be doing new things not even knowing they are on the blockchain.

Mary | Satoshi Club: Did you already start to develop some apps?

Michael Holdmann: We have a dev environment and testnet running currently at xbom.io. This is only our XBOM technology and it is integrated with hyperledger fabric, a crypto will never be on hyper, so no competition.  We are about to release our fungible asset class, and ClassSwap which will use a Uniswap model to demonstrate how asset swapping can be done with XBOM.

D. | Satoshi Club: Thanks! btw do you have place for non-fungible tokens in your system?

Michael Holdmann: Yes, the asset can be used as both fungible and non-fungible.   When you instantiate a class object in your account you define its values, what is it, how many, does it fractionalize (spark plugs in supply chain) or is it single use (single owner titled home).  Fully customizable.

Q4 from Telegram user @Rosane1a8

Prasaga claims having the highest level of resistance against any attack, how confident are you about the security system of prasaga and what makes it the very best, is it infallible?

Jay Moore: Nothing is infallible and if anyone tells you it can never be hacked well you know to run not walk out of the room – Michael is working on a more detailed response.

Mary | Satoshi Club: Exploits, hacks… Yes, we all have to be very careful.

Jay Moore: I might add that as we did a very detailed dive into over 80 projects the security issues were some of our biggest concerns. As Dave sits on an international standards body working group regarding cyber security – so we know too much to be over confident.

Michael Holdmann: The design of our overall system mitigates many attack vectors, not all but many.  First off is in the class structure itself, everyone instantiates their asset from the same copy of code, this mitigates bugs and malicious code from being introduced by continually copying a bad Smart Contract. Our account system enables every person and every entity in the world a globally unique ID made up of 512-bit string, all your account assets and state are subsets of your globally unique ID.  This moves possession of asset from smart contact to your account.

Mary | Satoshi Club: Happy to hear, not everyone goes further than ‘trust the code’ words, believe me😉

Jay Moore: If you want reading material on our Distributed PoW/PoS we invite you to read our Technical WP. Much of it is dedicated to our security. If you have difficulty sleeping, we also recommend our Tech. WP.

Mary | Satoshi Club: I see that you really care about security! Btw, did you do any third part audit?

Michael Holdmann: No. our project code is not audited. We are building a new blockchain. It will be possible for classes written using the XBOM model to be audited and certified in the future. At the moment, there doesn’t exist a firm that is capable of auditing XBOM code.

Mary | Satoshi Club: Got it! Sure with further development this firms will appear. 😉

Michael Holdmann: We are here to build a global economy and the heart of that is businesses and developers writing apps and doen commerce on the DataGrid Blockchain.

Q5 from Telegram user @meml97

I read that “The governance model from Prasaga takes inspiration from modern democratic and monetary policy systems”. So, does this mean that the governance model will be centralized? Will the Prasaga users be able to participate in decision and governance of the project? If so, on what kind of decisions we will be able to vote?

Jay Moore: The inspiration is to build off the policy with our algorithms not to have a central body making decisions. We haven’t gone into detail about our monetary approach where we begin as a deflationary token and migrate to an inflationary currency over 8-10 years. All built on the internal Digital GDP that we can monitor in real-time in order to mint or burn as needed to maintain a stabilized currency. This is where we’ve consulted with some of the most advanced minds in monetary policy to build out our approach.

(Michael is working a high level description of our governance).

Michael Holdmann: Community is empowered in our governance and we are committed to a one person one vote with all decision of Foundation to be implemented only on majority or super majority plenary vote. Community nominated experts will comprise of termed recommendation boards which will monitor things across areas including Treasury, Technology, Monetary to propose and present recommendation to community. The key will be to have an engaged and educated community.

Jay Moore: (We challenged ourselves not to go back to any of our prior answers and do this AMA in real-time – sometimes our writing is more polished when we pre – prepare).

Mary | Satoshi Club: Do you have some articles describing your governance model?

Michael Holdmann: Yes, we go very deep into it in our Technical WP at prasaga.com. https://medium.com/@michael_11858/how-does-your-chain-ensure-sustainability-15dc5ca2a4e

Q6 from Telegram user @Indomiekuy

As I learn about your project, Prasaga is trying to control Defi market without using Ethereum blockchain, by using your own DataGrid Blockchain (DGB), can you tell us what is your monetary policy? And where will we see Prasaga Project in next 2-3 years?

Jay Moore: First we ARE first coming out on an erc20 based token that will exchange 1:1 for our native token upon launch of mainnet. Our milestones are being to launch testnet within the next 12 months and mainnet in 18. After that we will be integrating our Message Server solution into our blockchain technology. {See prior question for M X V = P x Y in the articles above}.

This is all under the Foundation and we will be working with the community to build out other key elements and tools for development on the DGB.

D. | Satoshi Club: nice plans! don’t you afraid, that maybe “upcoming” bear market would change your plans? or your project has everything to survive tough times and rise?

Jay Moore: Having survived bear markets we are not overly concerned. We have other ways to generate revenue in enterprise markets if we have to, but we’d prefer to stay focused and with the monetary support of our investors we’re confident we’ll be able to do that. Right now we’re talking to the larger funds to be sure their goals align with ours as we don’t want to compromise the integrity of our project.

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PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guests chose some of them.

Q1 from Telegram User @Astonroe

On one of your AMA I read that “We do not believe code is law. We believe that governed code is law” I do not understand that what did you mean here. So, would you mind to explain us what did you mean by Governed board here?

Michael Holdmann: Hello Aston, at our age we know one thing which is, we do not know everything.  This is a very complex project to build an underlying global foundation for all transaction, financial or other and we know that as this project matures and externalities that effect global commerce, social interaction etc. change we need to allow for a way that the community can ensure progress.

This is all done of course by majority plenary vote based on recommendations and proposals put forth.  These could be changes to values in monetary supply equations, voting parameters etc.

Q2 from Telegram User @Indomiekuy

What are the different between XSOA and XBOM? What is the function from them in Prasaga platform?

David Beberman: XBOM is the infrastructure that creates the metaclass, class and object model on the blockchain.  XSOA is a set of classes and the objects instantiated from them to support smart object assets.  That is XSOA is realized by, runs on, and uses the XBOM, much the way your applications run on an operating system.

Q3 from Telegram User @dnddlzo

I have read an article and seen saying Prasaga in the future will launch LBP. I am very curious about LBP; can you explain it carefully?

Michael Holdmann: Yes, we are also calling it a Price Discovery Pool as that is what is does.  A liquidity bootstrap pool (LBP) is a balancer.finance smart pool product. We fund one side of pool with DGT, the other with a stablecoin. The opening weight of the DGT is at 95% and the stablecoin is at 5%.  Over the course of 96hrs we will apply weight to the DGT pushing the spot price down. 

This stops whales and bots from buying early and dumping on everyone, as the market now decides when to start adding more stablecoin to the pool, balancing out the weight and determining the spot price for DGT which we will launch at in the DeFi Pools.

Q4 from Telegram User @topind7

Can you brief us on your marketing strategy to promote your project and attract users, developers, investors and build communities as these play major roles in the success of any project?

Jay Moore: We have a 9 plank approach of to our community development and promotion.

1) Publicity we’ve had articles in Hackernoon and Bitcoin.com and we’ve got another 12-15 in development as well as additional press releases.

2) We’re doing an intensive e-mail marketing approach that is yielding a large number of new token purchasers and partner opportunities

3)We have a team opening up one of our first DataGrid Collaborative Labs in Vietnam and gaining us 70% name recognition with all VN crypto traders.

4) We’ve got an event marketing approach where we’ve spoken at Digital Davos 2021, DC-Finance’s High Networth & Family Offices Blockchain and Cryptocurrency Conference and BTCMiami

5) We have a few AMAs we’ve been doing the Satoshi Club marks our 40th AMA (not including our discussions on Clubhouse)

6) KOL’s are coming to us a few are looking to endorse and join as advisories of course we can’t mention those important traders and YouTuber’s until we announce their participation.

7) We’re planning a full suite of promotional efforts and ad campaigns like our Merch store, NFT campaigns and online promotions.

😍 We have a very high response community management team coming on board to help us communicate with all our new members within moments of them arriving with 24/7 monitoring of our Telegram, Discord, Facebook, Twitter and Instagram channels.

9) We have a SEO and a Paid performance advertising that will give us highly trackable analytics on all our exposure and the connections we make from those efforts.

Q5 from Telegram User @AugusS7

You mention that with DataGrid Blockchain the quality of life of everyone could be improved, not only today, but many years in the future, but really in which areas could “our quality of life” improve? And how will you not lose validity in the coming years?

David Beberman: The DataGrid Blockchain itself is about creating as globally scalable secure blockchain that can maintain transaction throughput with a large population of users. We targeting supporting billions of users.  This is one aspect of the entire ecosystem. A very important foundation, and has many applications in its own right.  However, another important aspect is creating a marketplace for connecting devices, data, data users, data applications, and even AI algorithms.  This is a general technology currently known as IoT.  IoT has lots of promise for smart devices, smart cities, smart buildings, smart farming, etc.  But its promise has not been delivered yet.  A significant reason is that there isn’t a market force behind it driving companies to adopt such technologies at a high pace.  The DGB messaging system, management through the blockchain, and market place for data sources and uses, is intended to create market forces around increasing IoT globally.  As such it will directly and indirectly drive quality of life advances around the world.

Q6 from Telegram User @Astonroe

Prasaga has its own blockchain called DataGrid blockchain. But the DGT token built on Ethereum blockchain. So, in future what will happened with DGT (ERC-20) tokens? Are you planning for a token swap?

Michael Holdmann: Yes, upon launch of MainNet and listing of Native DGT, all erc-20 $DGT will be converted 1:1 to Native DGT.

Q7 from Telegram User @jangrihwa

What are the benefits of users or investors following, being involved and becoming Prasaga holders and giving 1 reason why Prasaga can surpass other projects?

Jay Moore:For us it is important for token holders and larger funds to assist us in the seeding identification of key entrepreneurs that will launch important projects on our blockchain.

For example, we are in discussions with a couple funds that want us to launch DataGrid Collaborative Labs in their regions to inspire more incubators/accelerators on blockchain and help get their projects to market internationally. The ecosystem of miners, core blockchain developers and application developers will all be heavily involved in our token.

Building out our global community will give us network effects all built by native nationals in every region using our playbook, but also sharing their innovations.

Q8 from Telegram User @babynamki

Prasaga uses parallel transaction processing technology, can you please explain more clearly to me what parallel transaction processing technology is?

David Beberman: By parallel processing we mean using multiple shards with separate sets of validator/miner nodes to process separate transactions.  Think of this as divide and conquer.  The DGB consensus algorithm enables separate shards to generate their own blockchains and then braid them together for long-term security.  At the same time the XBOM and account object containment model enables multiple independent transactions between separate accounts to occur simultaneously on separate shards.  This is logically equivalent to how a multicore CPU operates, and also somewhat how big data algorithms run on large pools of computers.  The enabling concept behind this is to have the data for each account local to the account on the blockchain instead of smart contracts have all of the data for each of the accounts in a single array.  In comparison, a smart contract as currently designed, can only process one transaction at a time for any given account, which causes all the transactions for that smart contract to queue up, and can only be executed in a single blockchain to maintain determinism, even if the transactions in the queue are completely unrelated to each other.  We specifically address this with the XBOM account object model and the DGB sharing model.

Q9 from Telegram User @Unknown_Mark

So you will allow blockchain to reach its full potential, improve identification and voting, financial services and solving hard challenges in supply chain and logistics and a lot more, but I still don’t know how will you do that, this is almost impossible to be done! So can you briefly tell me how will that be possible?

Michael Holdmann: Hi Mark, it starts with moving off smart contracts.  Vitalik stated a few months back, not as many apps will run on eth 2.0 that everyone wanted.  This is because of the serialization of the Smart contract and their inability to perform complex tasks. By moving to a Class/Object model architecture, it is now possible to do complex processes.  Placing all assets as objects into accounts, including all state we are now able to move accounts between parallel chains (shards) and move an object between individual accounts with no intermediaries or need for custodianship.

Q10 from Telegram User @K2ice

When you first started the industry in 2018, you didn’t complete the ICO. Why was this decision taken and why do you think that decision is so important for you?

Jay Moore: We started in 2017 with our WP in Sept. We did complete the 1st round of our investment in 2018 of $850k, we were in the process of having more money transferred in when the fidgid cold of crypto winter hit in June 2018 and by August we were frozen out of any additional fundraising. We have been self-funding and with the tenacity and grit of a team with over 20 new ventures between us are still moving forward. The decision was to solve scaling on the blockchain, we knew it was possible, but we knew it wouldn’t be easy or it would have already been done. All the optimizations we did to our design wouldn’t have been the sea change leap in innovation we’ve made without the XBOM Operating System for the Blockchain.

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PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Prasaga. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club

Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish

Telegram Channel: https://t.me/satoshi_club_channel

Website: https://esatoshi.club/

Twitter: https://twitter.com/esatoshiclub 

Our Partners:

Prasaga DGT Token Official: https://t.me/prasagaofficial

Website: www.prasaga.com

We are pleased to announce our next AMA on February 10th, 2021 at 03:00 PM UTC Time: Satoshi Club Spanish x Wootrade

⚠️Click to see the hour
⚠️Total Reward pool: 100$

⚠️Requirements:
👉 Join Satoshi Club Spanish Telegram group
👉 Join Satoshi Club Telegram group
👉 Join Wootrade Telegram group

We will have the following structure:

Part 1: 50$ /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post. Questions must be done in English and Spanish.

Part 2: 50$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Wootrade Team will select 5 questions and answer them.
Questions must be done in English and Spanish.

For more details:
Wootrade – @wootrade
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on February 10th 2021 at 04:30 PM UTC Time: Satoshi Club x Launchpool

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Launchpool Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Launchpool Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Launchpool

For more details:
Launchpool – @launchpoolxyz
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish